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Current Chairman and Chief Executive Officer Damien O’Brien’s decision to split the executive role into two – Chairman and CEO — is historically consistent with the firm’s 50-year history.

Mr O’Brien said: “Rajeev’s appointment reflects our firm’s commitment to continuity of leadership and affirms our preeminent global positioning in the executive search and talent consulting profession as we continue to grow in key markets around the world.”

He added: “Rajeev is uniquely suited as a global leader, trusted counselor and advisor, as well as a proven entrepreneur, and I look forward to working together with Rajeev in advancing our firm’s commitment to excellence on behalf of our clients around the world.”

Mr Vasudeva , who has been with the firm for 19 years, is currently based in New Delhi, India. He spearheaded the firm’s expansion into Africa and across the Middle East, opening the Johannesburg and Dubai offices.

Mr Vasudeva co-leads the firm’s global Family Business Advisory, serving clients across industries, including telecom and IT. He joined the firm in 1995 when his consultancy Sachar Vasudeva & Associates merged with Egon Zehnder. He started his career with Egon Zehnder in London, having previously worked as a management consultant in the US and India. He has served as a member of Egon Zehnder’s executive committee for the last 10 years and serves on the firm’s board of directors.

“I am extremely honored to assume the CEO role, and in partnership with Damien look forward to strengthening our distinctive positioning as a trusted advisor to CEOs and boards in solving their critical leadership challenges,” said Mr Vasudeva.

He added: “Leadership challenges in today’s world are becoming more complex and global. I have witnessed first-hand the leadership challenges and the opportunities that exist in the growth markets and these attributes are extremely relevant globally, for our firm and our clients.”

Over the course of Egon Zehnder’s 50-year history, there have been 5 CEOs. Mr Vasudeva’s appointment marks the firm‘s fifth appointment of a CEO.